Teaching Paper: Glossary of Governance Concepts – Key Terms and Practical Insights for Non-Profit Boards and Executives

Clear understanding of governance concepts is essential for effective leadership, accountability, and legitimacy in non-profit organizations. This Teaching Paper offers a glossary of key governance terms paired with practical notes linking theory to application. Integrating frameworks such as agency, stewardship, stakeholder, and resource dependence theories, it also addresses emerging practices like trust-based and virtual governance. Designed for boards, executives, and educators, the glossary provides a bridge between academic language and organizational realities, supporting better communication, stronger accountability systems, and more coherent governance practice across the sector.